Wednesday, IonQ, Inc. (IONQ) announced its first-quarter financial results, revealing a net income of $805.4 million, or $2.07 a share, compared with last year's net loss of $32.3 million, or $0.14 a share.
On an adjusted basis, loss amounted to $0.34 a share compared to $0.15 a share in the prior year.
Revenue surged to $64.7 million from $7.6 million in the previous year, exceeding midpoint of guidance range by 30 percent.
Looking ahead, the company raises its revenue outlook to $260 million to $270 million for the full year 2026, and $65 million to $68 million for the second quarter.
In the after-hours, IONQ is trading at $53.64, up 2.04 percent on the NYSE.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.